North Carolina Newspapers

1 11 I' 11 r'. ... .Ifl .1 , a . jr..:; j. i.; I . , ..,-.. V -r-r, j -Tv u-.. , i ... i . v! : : -r Vol. XXIIL No. 51. RALEIGH. NQRTH-CAEOLINA.:f 1EB; NESDAT,, OCTOBER - 21; :1857.. j : ; ; . , : Whole Komber1 1207?rf,.v' 1 !t, ... (. w . mm n n 1LV: ldl LilvJlvJllJlL I VI I I -'y 'y r- LI. V I In I I ' THE Unrtji-Carnltna itnnlinrii: : : rr : WILLIAM W. H O L D EN, Editor akd Propriktor. FRANK. I. WIIiSON. Associate Editor. TERMS OP THE WEEKLY Two Dollars per annum nvriablv in advance. TERMS OF THE SEMI-WEEKLY Four Dollars per annum, iuvurmbly in advance. ... r All paptrt are discontinued at the expiration of the time for which theg have been paid. ( ; - Terms of - Advertising in the Semi-Weekly i Standard. , Our resrular rates of advertising are as follows : ? One square, (14 lines or less) brst insertion, - f 1 00 4 Each subsequent insertion, ------ - 25 Longer advertisements in proportion. Contracts will be made with advertisers, at the above regular ratet, for six or twelve months, and at the close of th contract 33 per cent.. will be deducted from the gross amount. Professional or .business Cards, not exceeding' fire lines will be inserted in either the Weekly or Semi-Weekly, for $i3 for six months,or $10 for twelve months ; or in both pa pers for $10 for six months, or $15 for twelve months. Terms of Advertising in the Weekly Standard. One dollar per square for the tirst insertion, and 25 cts. for each subsequent iusertion. So deduction will be mad. on Weekly adeertUementg, no matter how Inmj they may run. Only a limited number of advertisements will be admitted into the Weokly. All advertisements, not otherwise direct ed, are inserted in the St mi- Weekly, and charged accord ingly. When the number of insertions is not marked on the advertisement it is inserted until forbid. Money sent us bv mail is at our risk. CJjc Jltanibarl). RALEIGH. SATURDAY, OCT. 17, 1857. HOLD EN & WILSON, State Printers, AND AUTHORIZED PUBLISHERS OF TUB LAWS OF THE UNITED STATES. Monetary Matters. From present indications monetary matters seem to be rapidly growing from bad to worse. Suspen sions and failures crowd thickly upon each other; and it would seem that a general crash is now inev itable. At a time like this the country will think of Andrew Jackson and revere his memory, and only regret that his policj' has not been more strictly carried out in regard to banks. We may talk of sound. banks, solvent banks, stocks, and all that; but after all, gold and silver constitute the only cur rency that is at all times safe. So long as banks is sue two or three dollars for one, promising to pay their notes on demand, they promise more than they cm perform; and the consequence is, when their notes begin to flow back upon them for redemption, they are compelled to suspend specie payments, be cause they have not the specie wherewith to redeem their obligations. Gen. Jackson's administration was marked by a successful contest with the monster bank. None but a man of his iron will and unswerving determi nation would ever have been able to crush that pow erful institution, lie saw that the good of the peo ple required its overthrow, and he . set about the work. lie was denounced, threatened and impor tuned ; and every species of opposition that cunning could devise, talent command or money buy was brought to bear against him; but he had put his hind to the work, and he was not the man to look back. He triumphed, and ir. that triumph the peo ple have had twenty years of prosperity. They have prospered until they have partially forgotten his advice and departed from his policy ; and now, as a consequence, a revulsion is upon us. At a recent Democratic meeting in Philadelphia, Hon. John Cadwallader said : " Nearly a quarter of a century ago, at a' time of agitation greater than the present, Andrew Jackson, while President, was importuned lrom every quarter with applications urging him to recede from that policy which has immortalized his name, and im mortalized the memories of the Democratic patriots of that period, who fought under his banner the great contest for a lawful currency. His answer to an officer of a bank who, as a remonstrant against the Democratic policy, had visited Washington, was " My friend, go home v tell your neighbors to spend Jess, talk less, worK more, ana an win oe rignt. The first part of the advice " spend less," , con tained the true secret of the remedy for such evils as the present. . The remedy consists, first and last, in economy;. and economy will surely be practiced as soon as improvident banking acenmmodations are withheld, and banking, in other respects, on inse cure foundations is checked. Until then there will be no economy." " Improvident banking accommodations " have led to. wild speculations and extravagant living, and these have led to bankruptcy. Banks have been tempted to over issue, and at the first s:gnal of a'arm have suspended. Bank notes and fancy stocks, that were counted as great wealth, arc brought to their true value, which is simply nothing, further than as they are based on gold and silver; and this' basis is something like a tale of fiction founded on fact a grain of truth and a bushel of romance. But the storm will blow over after a while, and we will lay the lesson to heart and profit by it for a few years. But as long as our present system of banking continues, we may expect a crash every ten or fifteen years. " - Fair at Henderson. We visited the fair of the Granville county Ag ricultural Society at Henderson on Thursday last The day , was . unpropitious, and the attendance, though quite respectable in point of numbers, was not as large as it would have been if the weather had been favorable. Owing to the rain the fine fabrics of female skill and taste could not be exhibited to much extent,', but we noticed some fine coverlids, counterpanes, bed quilts, domestic flannels, &c. The agricultural department was very good, embracing excellent spe cimens of corn, wheat, black oats, rice, cabbage, Irish, yam and Spanish potatoes, toba-co, cotton, beetsj parsnips, squashes, pumpkins, bacon, &c. &c. Mr. J. J. Wyche exhibited about CO different speci mens in the agricultural line, some of them very cu rious perhaps more curious than useful. . There were also good specimens of leather, harness, sad dles, &c " 'r' Mrs. J. M. Barnes exhibited about 40 specimens, including bread, cakes, pickles, soap, grapes. 4c.- Mr. A.. C. Parham exhibited a mammoth beet; near-; ly as large as a half bushel measure. Mr. J. P.: Hunt a pumpkin weighing 90 lbs. ' ' The stock was not very good. - The horses were mostly in thin order, and the cattle seemed to have teen on short allowance. We saw some very fine - pigs, and one large fat hog. The poultry was very' god. In. the branch Including horses . and mules there were 34 entries up to Wednesday night In the ag-! ricultural and horticultural departments there were 191 entries. In mechanics, 60 entries, including! some fine plows and horse power. In manufactures, and household fabrics there were 143 entries. A) large number of additional entries were made on, Thursday. : . " ' Miv J. R." Wortham, of Warren county exhibited a gate, invented by himself, opening and shutting by4 levers acting on other machinery- . It 'seemed to us. a very ingenious contrivance. , On the whole, the Fair was one of which . the. County may well be proud"; and but ' for the rain: it would have been much better. ' v " ! Our limited time and space prevent a more mi nute and extended notice. ' ' Hon. Andrew Johnson. We learn from the . Nashville Union, says the Washington Union, that the vote for United States Senator in the joint convention of the two houses of the Tennessee legislature stood as follows: Andrew Johnson, 57 Neil S. Brown, 88 Johnson's majority, 19 The Union, in announcing this gratifying result, pays the following earnest, eloquent tribute to the lofty patriotism and exalted talents of one who is truly described as being in every respect "worthy to fill the place of any of those intellectual giants who, during this generation, have passed from the stage of life :" " Andrew Johnson was yesterday, in convention of the two houses of the general assembly of Ten nessee, elected a senator in Congress for six years from the 4th of March last. This is but a formal record of the verdict and election of th'e people of the State last August. The question was then de cided by the great popular tribunal with a unanimi ty and enthusiasm which has had no parallel since the days of the illustrious 'Jackson. The action of the representatives of the democratic people was as prompt and as unanimous as would have been the action of the people themselves had they exercised the power delegated to the legislature. There were no conflicts to be reconciled ; no dissensions to be healed. The man of the people is recognized as such alike by the masses for whom he has so long labored and by thtir representatives in the State capitol. In this action the people of Tennessee place in the Senate of the United States the tirst intellect of the day. He goes there worthy to till the place of any of those intellectual giants who, during this genera tion, have passed from the stage oi life. The abili ties which have distinguished him here are now to be displayed on a wider field, and the qualities which have made him the idol of his State will as sure him the same popular regard from the people of the nation, The world will call our new senator a successful man. The causes of his success furnish so admira ble a lesson to the rising generation that they should not be overlooked when his history is read. He owes his success more to his inflexible zeal in behalf of popular rights and the interests of the masses than to the great talent he has exhibited in main taining these rights and interests. The young men of this day may learn from this that the people are always true to those who are true to them. It is now twenty-two - years since Gov. Johnson entered public life. With a brief interval of two years, he has all this time been in the service of the people as member of the legislature, representative in Congress, and Governor of Tennessee. In 1851 a partisan legislature legislated him out of Congress by adding to his district whig votes enough to make the majority of that party apparently impregnable. This action but transferred him to a wider field of influence. The people made him Governor at the next election, and gave the democratic party in the State perhaps the only leader who could have crushed know-nothingism to tfse earth in 1855. He sowed the seeds of that solid Democratic majority of near twelve thousand which now assures the perma nent ascendency of democratic principles in Ten nessc, and justly reaps the fivt fruits of that as cendency in his flection to tbn. Senate.-. We hail the result as a worthy tribute to our greatest leader, and join our congratulations to these with which it will be received by the great body of the people." $3F The fact that a bank refuses to redeem its notes in rpecie, is no proof that it is insolvent. On the contrary, bank suspensions at a time like this arc calculated to strengthen the banks, for the rea son that they thereby hold on to their specie as a basis for future operations. We are not now dis cussing the system of banking which exists, but? we are dealing with things as they are. If our banks should suspend, they will do to to protest themclte agaimt insolvency, or at least to prevent the hard cash from being drawn from their vaults and carried out of the State. We caution the people against any panic about bank notes. These notes, as a general thing, constitute the only currency that we have ; and we must consider them good and pass them from one to another in purchasing articles and pay ing debts, or all business must eease. Do not sub mit to be shaved. - Ask what your bank note calls for on its face, and. nine times out of ten you will get it. If the worst should come, which we do not apprehend, the banks would most probably be able to pay all their debts; and this being so, of course their notes ought to circulate as money, even if they should suspend. . And do not hoard the specie. Let it out You can get five dollars for it in the hun dred now. Shell it out. Piy your little dells. Let the dollars run from hand to hand, paying as they go. . Money thus used will be of service, and of great service at a time like this ; but if hoarded up, it can do no good to its holder or to the public. Sudden Death of a Sheriff. The Salisbury Watchman, of the . 13th, says that Caleb Klutts, Sheriff of Rowan county, died suddenly on the 10th insL He had been slightly indisposed for a few days, bat transacted some official business but a few moments before he died. He rose from ' the" table where he had been writing, complained of. a pain in his head, laid down on a bed and expired. The Watchman adds: ' - " His decease is a public loss, for he was not only' a first rate officer, but a good citizen. He leaves'a wife and young family behind, who though well provided for, are thus suddenly called to experience a deprivation out of the power of earth to restore." Firewood by the Cord. :V ,v ; , '": At the request of several of our citizens, we pub lish the following provision of the law, of 4 the State with reference to the sale of firewood by the cord in incorporated, towns; .. , ', ' All firewood sold in incorporated .towns shall be. nold by the cord, and not otherwise ; and each cord, shall contain eight feet in length, four feet in height, and four feet in breadth ;. and shall be corded by the seller under" the penalty ortwo'dollars for-each ofr; fence, to the. use pi trie mionapr. jzevuea. ine financial Distress. .ifr - iThere is no abatement in the 'stringency ' of the money market, and we.' yield reluctantly to the be-' lief that we have n6t seen the i worst of it; yet"; ' '. ! The decrease in the-.New York banks' for the week ending October 1 6th, was as follws; 0 loans, $4, 017,930; of deposits, $3,053,190; of circulation, $224,668 ; by fan'oW oY capital, $626,000. ; Increase of specie for same' time, $75,881." The New York ", TVmea of Monday last says: ... . ; -:. "The J' mercantile failures to-day are numerous, and particularly important in the Dry Goods inter est, where the feeling of discouragement, On account of the embargo on the Western -exchanges and the severity of the pressure at homo, is becoming worse and worse very day. Two large ard well known firms, who have not suspended, resort to-day to a new course of business to be rid of their stocks on hand for cash. Messrs. S. B. Chittenden Co., Dry Goods jobbers, put up their stocs at auction in their own store. Messrs. Edward Lambert & Co., extensive Silk Goods -jobbers in Chambers street, have opened an establishment in - Broadway for re tailing out their goods for cash at the lowest market prices! The suspensions reported are: Messrs. L. O.-.Wilson & Co., Dry Goods jobbers and importers, an old house that weathered the storm of 1837, and regarded wealthy until the present time; Messrs. Bliss, Douglas, Wheelockfe Co., Dry Goods jobbers', also an old bouse under various firms, and of high standing up to the present time ; Hall, Dana & Co., Domestic Goods' house of old standing and an ex tensive trade; J. A. Heam, Dry Goods; Blackwell, Whittemore & Co., an old cloth house, who stood through 1837; W. Langdon & Co., Div Goods; Carhart, Bacon & Co., Cloth house ; W. T. H. Dun can, Dry Goods; Herrick, Ferris & Co., Gentlemen's furnishing goods; - Ludlam, Leggit & Co., produce dealers; and Ames,' Herrick, Barnes & Rhodes, sta stioners. Among the names, omitted in our morn ing list, should have been John N. Genin, the well known fashionable hatter in Broadway. Among the old members of the Stock Exchange, Dykers, Als tyne & Co., are reported as beinr unable to meet some of their loans on demand. The firm is under stood to have large means, and we hear that the de mand upon them to-day was accommodated to their convenience. This formidable catalogue of individual disasters, and the breaking down of the Grocer's Bank is un happily not relieved by any appearance of improve ment in the exchanges either domestic or foreign. The Cotton Market here and at the South is utterly prostrated, for the time being, and the few sales ma king are at a decline of four cents from the ton rate a few weeks ago. and without the change of a frac tion in Liverpool. J he Corn Exchange to-day suf fered severely from the same cause, though it is sat' isfactory to note increased receipts, and evidences that a veiy large amount is still on the way by lake and canal. 1 he business m sterling is done at 9oa 101 per cent. A leading banker is offering to draw short sight at 102 a 102i per cent. The only redeeming feature in the Money Market and certainly an important one, as a rallyingpoinl 13 the steady specie strength and determined spe cie basis of the City Banks, as shown on the aver, ago of the past week, and in the following preamble and resolutions, moved in the Association this mor ning, by Mr. William F. Havemayer, of the Bank of North America, and unanimously adopted. The de claration is mure important, negatively, as an evi dence of united purpose and mutual action and as sistance, than for any positive promise it holds out of relief to the mercantile community. At a meeting of the Bank Officers, held this day, at the Clearing-Uousc, Thomas Tileston was appoin ted Chairman, and James Gallatin, Secretary, when, on motion, the following resolutions were adopted : Whereas, There is no demand for specie upon the banks of this City for exportation, and can be none at present; but, on the contrary, with the present low rate of exchange, affording a profit of from 7 to 10 per cent, on its importation, there must be a speedy influx of it from Europe for whether any bodr here can draw for it or not, the inevitable laws of trade must be obeyed and specie will come to the point of greatest demand : And uliereas. All demands for specie upon the banks of this City from the interior, so far as they could arise from natural causes, have already been met; And whereas, The exchanges with every part of the country arc in favor of New York, creating a current of specie towards it for the payment of debts and the purchase of goods ; And whereas. We are in the semi-monthly receipt of large accessions of gold from California, sent here for the payment of debts ; And whereas. The United States Treasury is rap idly disbursing coin in the public expenditure, and for the redemption of the public debt; And whereas. In this state of things every natu ral and healthy tendency is to accumulate specie in the banks, and to enable them to diffuse it through ont the country, as the basis of credits by which the abundant crops Providence has given, more bountiful than ever, may be brought to market, con fidence may - revive, the circulation of commodities be resumed, the internal exchanges restored, the wheels of industry be set in motion, and employ ment once more be given to labor; And whereas. In the judgment of this meeting, there exists at tho present time no obstacle whatev er to the accomplishment of objects so desirable, un less it be in an unfounded and unnecessary, alarm, which keeps specie from its natural uses, and from performing its appropriate functions; Therefore, Hesolved, That the banks of the City of New York are determined, at all hazards and un der all circumstances, to perform their duty to the country, and all its great interests, in the mainte nance of specie payments, and that all classes of the community should sustain them in carrying out this determination. Resolved, That in the judgmeut of this meeting, even for this object, no further contraction of loans is necessary, nor will there exist any obstacle to such an expansion of them, as will afford the nec essary aid to bring forward the crops, and alleviate the present commercial' distress, unlets it shall be created by the demands of a causeless alarm. T. TILESTON, Chm'n. . James Gallatin, Sec'y. Monday, Oct 12, 1857. There is no market for paper, from which to make a reliable quotation of rates. There is some money being raised upon pledges of New York State Stocks, or Country and City Bank Notes, secured by such stocks, but the terms are private.. New York and Ohio Sixes were in demand at the Brokers' Board to-day and moderately firm. But the sacrifices on some of the other State Stocks were' perfectly fright ful, and there was no effecting large sales but by concession on one sale after another. At the Second Board Missouri Sixes were done at 59 per cent, and Virginias at 67 per cent On the Share' list New York Central Delaware and Hudson, Rock Island and Galena, were done - at about Saturday's terms. Illinois Central sold at $10 for the $40 shares. Panama, 62 ; Bank of Commerce, $70 ; Bank of New -iork.76; America, 75; Metropolitan, 58; Phenix, 55; and American Exchange, 55. The mar ket closed comewhat steadier after the Bank state ment New York Central aZ per cent." ; Missouri State six per cent, bonds were selling at 61 to 63 in the dollar, and Virginia bonds at 66 to 67 in the dollar 1 . An immense run bad been made on . the Bowery Saving&Bank, but the institution was paying prompt ly, and was regarded as amply able to meet all its liabilities:'; ; : ;,. v . ' The Times of Tuesday says : : ;; . . ' : Yesterday ...the . money pressure and diffi culty jn collection from the West carried downs large number of dry goods houses; several of th.m -..... : .-" J .. ..i of twenty-five year's standing; who weathered, the :j stormof 1837. !, The Bank. Statement gave much. Satisfaction as showing a steady specie strength, not- . withstanding the large drain of the past week. .. This drain; .averaging half a million of dollars a day, . absorbed only the assistance derived from, the Cali fornia packet: of Sept 5, and the Sub-Treasury.- The drain, was; renewed yesterday,. but was not so., general,.- particularly in aid . of the near country banks, as last. week. Tbe.California packet of Sept 20, and the Sub-Treasnry, will probable again sup ply: nearly three millions of dollars in the course of the present week. .The packet ia about due. ' The.,! liquidation' of Bank loans' last week reached four million dollars, making with- the previous week an -actual curtailment hard on to six millions since the promised expansion of three millions. The result, though alleged to have been necessary by .the rapid drawing down of the bank deposits, adds greatly .to . , the discouragement of the merchants, among whom further large failures are talked of as, likely to fol low the list presented this morning. The amount of United States stock redeemed at the Treasury Department yesterday was $750,561, of which a large amonnt was for New-York. , The whole amount thus far redeemed is about $3,000,000, and therc,remains available under the law only about $500,000 more." The distress in New York, Philadelphia, and else- where North, owing to the throwing out of employ ment of the laboring classes, is represented as al ready great If the present state of things should . continue, who can estimate the suffering which must befal these people during the long hard winter months? Not less than twelve thousand persons in ' New York City alone have been thrown out of em ployment. Those engaged in the manufacture and sale of luxuries are suffering most Four thousand cigar makers, for example,' have been suddenly de prived of work. We observe also that many of the iron works have either suspended operations or dis charged a portion of their hands. The Wilmington Journal of Wednesday says : Two more of the Banks of Charleston, S. C. sus pended on the 12th inst the "South Western Rail Road Bank," and the " Bank of South Carolina." A considerable run on the remaining unsuspended Banks was the consequence. The BanK of Charleston kept its door open until 5 P. M., three hours later in the day than usual, in order to accommodate the bill-holuers. The total amount paid out by all the unsuspended banks, is stated at $45,000. . The fol lowing banks had not suspended at latest dates : The Bank of Charleston, the State Bank. Planters' and Mechanices Bank, Union Bank, Farmer's and Exchange Bank, and the Peoples' Bank all located in Charleston. We learn that a telegraphic despatch was re ceived here this morning, fiom New York, stating that twenty-two of the Banks of that City suspended yesterday. By the Constitution of New York, they go into liquidation forthwith. We presume that some definite understanding will be had between the Banks in this place to-day. We know there is a strong feeling amongst a portion of the Bank officers and merchants in favor of suspen sion. Others we are aware, have all along been op posed to it We are however, of the opinion, that a general suspension will be the inevitable result It may not take place to day or to-morrow. If the re ports from New York be confirmed, there appears to be" no other alternative, however much opposed to it the people at large may be. While on this sulject, we had as well state that seven thousand dollars of the " Bank of Wilmington" notes, sent down hereby the " Bank of Fayetteville," were protested yesterday. We have implicit confidence in all our banks, and persons owing us cannot do us a greater favor than by sending us the amount of their indebtedness. We will give receipts with no little pleasure for bills on any of them. We will not hesitate to take even South Carolina wildcat bills." The Charleston Mercury of the 12th says: " StrsPEXTiox of tub Bakk of the State. Notice was given on Saturday, by the Directors of this institution, that during the existing pressure, its notes would not be redeemed in coin. However much we may regret the necessity of this proceed ing, it has not taken us by surprise. Causes en tirely foreign to the operations of our Banks, have worked with a suddenness that scarcely left any opportunity for successfully meeting them ; but the immediate reasons for the suspension are fully and satisfactorily stated in the aiticle below, which evi dently comes from one familiar with the subject The solvency of the Bank is, of course, unquestion able, unless it be maintained that the State itself is insolvent But the Bank itself has been too often and too jealously scrutinized by Legislative Com mittees, to allow a doubt that its assets are amply sufficient to meet all its liabilities." We find the following advertisement in the Mer cury ol the same date: Charleston Banks. All Charleston Bank bills will be taken at a premium otAte per cent., at my Dry Goods establishment, for all purchases of five dollars and upwards; and the Goods will be sold as cheap as they can be had at any other House in the city. WILLIAM ROCHESTER, . 804 King-street We give below the latest accounts received from various portions of the country : . Jloney Matters in Neve Orleans. New Orleans, Oct 12. The failure of Messrs. Coming St Co., of New York, will not affect the Southern Bank. There are rumors this evening of some failures, but they are not authenticated. Busi ness is unsettled. More Banlc Suspensions. New York, Oct 13. Eight Banks have suspend ed here to day, viz : the Marine, the Pacific, the New York Exchange, the Merchants' Fxchange, the North River, the Citizen,' the Irving and the Ocean. - More Suspensions, c New York, Oct 13. E. Fish & Company, Brown Casey, merchants; also the Chatham and Bull's Head Banks have suspended The Marine Bank stopped by an injunction of its customers. It is presumed the others were stopped in the same manner. By this means the penalty of winding up, which attaches to suspension, is evaded; and it is rendered probable that suspension in most cases will only be temporary. This understanding ! relieves excitement-; Three moie banks, the Tradesman's, the Market, and the St Nicholas, have suspended. ' -Boston,' Oct 18. Lyman & Brothers, china mer- rhants have auanended. . ;J Pennsylvania Legislature. Harrisburg, Oct 13. The House reconsidered yesterday's vote on the relief bill 55 to 82. A mo tion to extend - the time of suspension to the third Monday in June was passed, and the queMion on the final adoption of the bill was carried. ' The Senate has referred the bill to a Committee of Conference. ' Final action is anticipated this evening. - "The Pennsylvania Legislature. Harrisburg, Oct IS," P. M. The bill as passed ' by the House fixes the resumption of specie payments for the second Monday of April next Tbe commit- ! tee of conference appointed on the bill as' amended reported two new sections, which were accepted, and. me out as arnenaea passed noin douses. . . - T.4TFB Th t-pliof hill ' ha bepn' niirnerl bv 'the' 0 - j n i it- t j: j . jf.' t , uovcraur, ai.u. tue Xjcgisiaiure aujourueu acne utc. The Georgia Banks. The Atlanta (Georgia) ln: . ... . ' . . . , . " , s t . We notice that Governor Johnson baa issued a proclamation calling on. the ban of the State to ti make, within thirty days, . a just and true return under oath or affirmation of its president and cashier, 6f-. the state and condition of such banks and bank ing institutions, with the name of. its president and directors, and a list of its stockholders, on the day of the regular weekly meeting of-the president and directors thereof next preceding the date of this re quisition. . .; . .... . . Virginia Notes in Washington City. , Washington. Oct 13. The brokers are throwing out all of the Virginia notes to day. .. Latest Intelligence General Saspenalonof the Banks ia New York and elsewhere North! The money panic reached its climax on Tuesday, and the banks of New York City; fifty odd ia num ber, suspended specie payments. The. ran npon them for specie had been' constant and heavy, and they withstood it gallantly, but were at last obliged to yield. .The scene- was highly exciting hundreds of thousands in gold were paid onl on Tuesday be fore the banks yielded. The Albany, the Buffalo;" the New' Jersey, the Connecticut, the Maine, and other banks have sus pended. ..-.::. -. The Farmer's Bank, and the branch of the Ex change Bank, in Richmond, Va ' suspended specie payments on Wednesday. The Bank of Virginia was the only bank in Richmond that continued to redeem its notes with specie. ' On Tuesday last the panic was making itself se verely felt in New Orleans. Heavy suspensions were anticipated. Money was extremely scarce. We learn that the Bank of Cape Fear has suspen ded specie- Davments. The Bank of the State of North -Carolina has not suspended. The impression, however, seems to be that all the banks ia this State will be compelled to suspend. Kdncational. ' Below we present, from the Greensboro Times; the proceedings of a meeting held for the purpose of forming a Countv -Teacher's Association. We trust the example, thus set, will be followed by eve ry county in the State. The advantages from such Associations will be incalculable. A new and vig orous spirit will be diffused among teachers, and among the people generally ; and we venture the as sertion that no vi ember will leave a meeting of the Association without having learned something to profit him in his high and honorable calling. ..These Associations, as auxiliary to the State Educational Association, will deepen the interest in and widen the influence of that body. But to the proceedings : Tub Edccational Convention. On last Satur day a respectable attendance of teachers and friends of Education met in this place for the purpose of organizing a Guilford County Teacher's Association, auxiliary to the State Educational Association. Be low we present the proceedings which were merely initiatory to a full organization. On Saturday 31st October, we expect a large attendance and an inter esting occasion : Guilford County Teachers1 Association. In ac cordance with a notice previously given, a meet ing was held in the district school house, in Greens bsro', on Saturday, Oct. lOch, 1857, for the purpose of forming a County Teachers Association. On motion, E. W. Ogburn, Esq., was called to the chair; and J. D. Campbell was appointed Secretary. It was then moved and carried, that a committee of three be appointed to prepare a constitution and report at an adjourned meeting; w hereupon, the Chair appointed Messrs. C. II. Wiley, Robert M. Bartley and James N. Hodgin. Messrs. Win. M. Wiley and J. D. Campbell were appointed to read essays on the subject of Teachers Associations, at our next meeting. It was then moved and carried, that we adjourn, to meet m the School-room of the Grecnsboronch High School, on Saturday Oct 81st, at 10 o'clock,' A. M. at which-time, all the teachers of the Conn t, and other friends of education, are earnestly re quested to attend. E. W. OGBURN, Chm'n. . J. D. Cavpfell, Sec'y. - The Election is Kansas. We were under the impression, and bo slated in ourlaat, that the Demo crats had carried all the Kansas elections ; bat it ap pears they have only the Legislature, and that Par- rott, black Republican, has been chosen delegate to Congress. Tbe following despatch is from the last Washington Union; "Leavenworth Citt, Oct 10. The democrats have a majority of one in the territorial council, and two or three in the lower branch thus the black Republican power for mischief is checked. Mr. Par rot is majority is from four to five hundred. The convention to frame a State constitution will re-assemble on the 19th inst." Dcel Prevented. We learn that the contempla ted duel between Mr. L. Blackmer, of Salisbury, and Lieut. Jones, of the U. S. Army, was prevented by the civil authorities of South-Carolina. Mr. Black mer and Dr. Nesbit, his second, were arrested near the ground appointed for the meeting. Mr. B. R. Moore, Lieut. Jones' second, was arrested in Colum bia. All were bound to keep the peace. We have not learned tbe whereabouts of Lieut Jones. Pennsylvania Elections. The returns are by no tnenns full, yet enough is known to indicate the elec tion of Gen.. Packer, the democratic candidate for Governor, by a large majority over David Wilmot, black republican, Many thanks to the noble De mocracy of the " Keystone State." ;. We direct attention to the advertisement of Dr. . B. Ilaywood, in this paper.: He has quite an extensive assortment of drugs, perfumery and fancy articles, and a general variety of such things as are usually kept in a drug stre. MARRIED, . .. In Johnston county, on the 8th instant, by R. N. Gully.' Esq., Mr. J. D. Hinnant to Miss Mary Ann, youngest dauvnter ol r.lias lSarnc. fca.. all or Johnston county. In Alamance countr. on tbe 8th inst- at the residence of Jo. B. Wilder. Esq , by the Rev. O. O. Walker. Mr. J. H. feat-son, of Orange county, and Miss Malind A. Wilder, of Alamance. . . ... DIED, ". - In 8amnson county, on the 6th inst- at tbe tmhImv nf the late Wan Faison. Mr.-J. G. McDougald, formerly of uiuuen couniy. mr. Aicuougaia was a Jswver by profes sion, and has served in the Legislature as a Representative irom maaen. a ongm prospect opened before him in the beirinninz of bis professional career. But his hone wrr .soon blasted by the certainty that disease was slowly creep ing upon urn. ins lung were aneciea, ana gradnally be declined until dvath claimed tbe victory, sod his spirit re turned 16 Him who crave it, Clinton lxtmendrnt- - In Washington, N. C, on the th inst, John W. Latham. sq., agea soon i o- years. ; - '. i !.?;-, . SOCIAL HALL, .' ; .1 (Tvb.Dooit bilov Tii.PoiTOrrici,) - ' VllI be Re-opened Fair Week. - -nEING PROVIDED WITH GOOD' COOKS-AND D attentive servant, all tbe delicacies of the season wilt. be served nn with taste and despatch. iea.i iurnisbea t ail hour, rnvate wms tor partus., Families and others supplied with as oood and cheat) ' Oysters are brought to this market. ' '-" Haieign.ucw lr t"-1'' -waw.r-;i r BfjRKE SArWOOIi.t!ot , -BALE18H, V. Cs -. ; ij ) ..? Ju It Wholesale sw4 Retail Dealer la -li V DRUGS, MBDICINES'AVD CHEMICALS9 -' Will at all tlraw keep ibi&4t cfeetfon of Pwr Zh-tffi mnJ' iedicmuj Frtnck, EngtUk 4 Ameritxit feif nmerw f Hamrimf EttrmtU ; Spites wmd Fumf Jr oil , McUl ToiUt, SAfvinf Zaps, Grmums, , ilaxr, Todh, Sharing and Faint Brushes i Sr v V ptrior Jart, Tui-aexx mnd SnJ; Suryieal ' ' iMtntmenu, TV t and Supporter;1 "J"16 Gsmphtne, Bnmimf FUU mmd. i '7 -.tiioL . Lamp OUt Linstd. (Mton . -, - J rz'si Seed, and Tanners Oil;.. .,.,ji Glaseware, PuUy, rfe, fe re. ' 19 THE SUBSCRIBER IS-5T)W ADDING -TO HIS Stock a freh assortment of the best Medicine. Per. fernery, Paint, Ac, a catalogue of which ht deems aft necessary. .. . .. lie always endeavors to keep none bat the best article in bis trade, and believes that nil thonr who have hereto fore bought of aim bsvebMn perfectly Mtisfied. HesoKeit a further extension vf trade, and will endeavor tbplenenfr both in the quality and preparation of preacriptkn. . ' - r . lie is assisted br Mr. C C. Hnirbea, a rrmdnaU tf th I Philadelphia College of Pharmacy, a practical and skilful , K Druggist . - d . . J. U1U JLAYWOOD.St Raleicb, Oct 16, 1857. . , . - W tC o J. W. BARNES PATENT MANURE.' USE1 AND MARL DISTRIBUTOR. V? THIS USEFUL AKD LABOR 8AVIKG IMPLEMENT, which has been so much needed by the iednstriona and energetic farmer, is prepared to girt incalculable -Taxii lief to tb henry and laborious service, that of distributtnr ; fertilixer. . . T-J The Distributor is simple in its operation, receiving- tba load at the heap, conveying it to the field, distributing it m K the drill or broadcast, without atop or hindrance to tbn 9 team, and in an desired quantity. - - . . , :;, It is constructed npon the principle of eeonotnv ana da- . rability. so as to be in tbe power cf every Fanner to obtain it ' ' : . The nndendfrned now offers for sale, State, County, nn4 individual rits. upon rtssonabl term. Fur further tse ii formation anplr to . : J. W. BARNES, Patentee,' i ' . Mnrfreesborooffh.y.C. HENRY COOK. Newaom's Depot, Southampton Co, Yn -RarattxcEa Walter My rick, J. W.&nthkU, E. D. Bretv: Briton Moore. . . October 16, 1SST. ' 1207 vim. IS PURSUANCE OF AN ORDER OF THE COCRT't M. of Pleas and Quarter Session. An (runt TVrm 1R.W. I , will sell for cash, at Ihe Court House door 'in t bet own of Lnmberlon, on tho 4th Monday in November next, the1 following tracts of land, or so much thereof as will pay the tax and cost dsra thereon for the year 18i5, vis: . fc ;t J vo.orcaics. nr whom usteo. locality. . iiocn. 65 Acre. K. J. brans, Lumberton budge, $21 10 100 . Jas Brran. itearbwarop, . , Z 0lT 1) " R.Ix-jrgctt, Alex. IVeist, Wilkinson bwamp, , X 14 r Ran Swamp, 1 5 4 REUBEN KING, Sheriff". October 1,1SS7. STATE OF NORTH-CAROLINA, JOiLNSTON Count t. Court of Pleas and Quarter Sessions, Attract" t Term, 18i7. i - . . It appearing to tbe satisfaction of the Court that James O'Neal is a non-resident of this State, it is ordered by said ' Court that advertisement be made in the Noi t b-Carohna Standard in tbe suit Reddin Strickland and others vs R.- O'Neal. Adm'r. with tbe will annexed, and R. O'Wm! - Adm'r, and Jame O'Neal. You, tbe said James O'Neal t are hereby notified to appear at tbe next term of this Court, on the 4th JlnuJaj of November next, at tbe Court House in Smithfield. to iilead, answer or demur to this petition,' otberwine it will be beard ex parte as to you, and decree I made accordingly. - . ,:-T TUUMAS 1. SNEED, C C C. - , October IM337. !S07-w6w. '1 MASONIC .THE OFFICERS, MEMBERS AND f Representatives of the Grand Loose of North-Carolina are hereby informed that tbe Annual Meeting; of this Masonic b"dj will be held in this city on Monday evening; the Tlh of December next, at 7 o'clock. - A punctual attendauco is earnestly rt quested.. , ,. WILLIAM T. BAIN, , ' Grand Secretary." October 16, 1857. M-tii.-" : i L.i SALE POSTPONED TO 3RD NOVEMBER! lb."7. As Trustee for W. D. Cooke, I have rnisipooecL tbe sale of tbe Printing Office, Fixtures, Ac including One Splendid (new patent) Adams' Printing Press, ' -" X One Card Prtas, . .. i..l .And the Typs and Printing Materials, . . . , : T be owrine to said Cooke, until Tuesday, tbe Zrd dar at. November, wben they will be positirelv sold without re- . serve At tbe same time 1 will sell said Cooke's land, ' adjoining tbe lands of Rev. A.- Smedes and R. FinlatervJ dec d ; and also, asid Ctoke interest in tbe Paper Mill, OB t Crabtrae, lately occupied by C. W. Benedict. i Tasns: Sixty days credit for note, negotiable and pave-T bleat the Bank of tbe State ol North-Carolina, with ap proved seenrity. ' ' j ... .- - r P. F. FESCUD, Trustee. October 16. 1857. -. . . ; 1207 Jwtd.; UST RECEIVED, AT HEARTT & IRE DELL'S. OLD JAVA COFFEE: TEA: SUGARS. Loaf, Crushed, and Brown ; Cheese ; Byrnp ; Starch, Ac r Jn view ot the-bard time we will mk liberal rirrina. tiona lor all cak purchases of Dry (foods. ttfcAKTT ft IREDELL. . . October 16, 1MT. -; ' ' 4 w2w. ' T ARGE AND SPLENDID ASSORTMENT JLi OF CABINET -FURNITURE -THE 8UB-7 scriberwill have at tbe State Fair at Raleigh, for Mle, ' large and splendid assortment of CABINET FURNITURE, t to which tbe attention of ladies and gentlemen ia resneet- fully invited. . T" THOMAS DAY. ' Milton, October 14, 1857. ' 4 St.' ' I ' !.' JOHN C PALMER'S JEWELRY STORE., HAVE JUST RETURNED FROM THE NORTH.? with a new assortment of Watches and Jewelry, fine. fashionable, and cheap. My assortment of Plated Castor. Candlesticks, Waiters, Basket. Spoons. Knives and Forks.-1 s well as fine Cutlery, is very large and fine. ' Pocket t Book, Hair Tooth Brushes nd Port Monies, of new airlea. I Silver Ware, in fact evervtbing in my business. .. , -: -it i ; . . . . naving id my cmpioy iwo gooa ana attentive workmen, I am prepared to repair all Watches and Jewelry in the ' best manner. Straneers visitine tbe Fair will nleaseeall at 4 : JOHN C. PALMER'S t- Raleigh, Oct. 18, 1S37. , r. . ,, , ..tS-t.;..-, . ; , FALL AND WINTER SUPPLY OF BOOTS , AND SHOES. THE SUBSCRIBER IS NOW receiving Urge supply of Boots and Shoe, of all qnalines and varieties, to which be invite the attention of bis cosai tomer and tbe public Men and boys' Boots and Sboeawi T If ' l rv:u - ci r- , . Indies' and Misses' snd Children's Shoes of all styles- Brogan and Shoes for serranta. , Ac Call and examine, a I am determined to sire s-uod bargain. ' ... cj - J HENRY PORTER. ? Raleigh, Oct. 18, 1857. : a:,-...'. FOR THE WEST! "7 T Through ix 86 nor as, ax n cbossixo thk Blue Rime nt - --vhc dat man.' . - . :.oi C8. BROWN'S TRI-WKhKLY LIKE OF FOUR, HORSE POST COACHES, tm Salisbury to Ash-! ville, via Statesville, Kewton, rgaoton, Marion asd Pleasant Gardens, connecting t Aien!le with the line of1 stages lor tbe Warm Springs, Ki x ville and Greenville, Tenn.- - ' - : . . .'.-.! :, . , . j 1-7 This is Iz miles the nearest me t to' AsheviUo, nd is, a) the best stocked and best mai-ced road in jforth-Cu? oliua. It is the most expeditious, Lle and pleasant, and at1 the same time the cheapest ronte l--r tbe West. - ' Leares Salisbury on Mnndar.-Wmedav uur EVut-- leave A sheville on Tuesday, Thnrxiay aod Saturday ; rwa I rinir in doa MHinortiftn with K. K.MkJ,.ni:.. O : 1 J North and South. North and South. . .. . .. ..1 C S. BROwN, Contractor; w ., ( ... no .-. a fMy 1,1857 . Sale ef VJ nab le Property i ON BEAUFORT' HARBOR. . -1? BEING AUTHORIZED BY POWER OF ATTORNEY from the Company owning tbe tract of rock nd marsh Land, on the west aide of this Harbor, known a White Rock or Botse Island, tbe undersigned will Bell puw c aucimn, in tbe town -of Ueanfort, Carteret CoaotyJ on Thursday, the 10th day of November next, tbe whole of said tract (except that portion oconpied for Bailrosd porj poses) in Lot, about 100 in number, and varying in aise. from 50 bv 70 to 60 by 1 (W feet, s laid off by the oompaa and described on a plan prepared by tbemv- 1 - - This- property lies between -tbe mainland of Sbeperd'n Point, and the . main ship channel f tbe harbor. . Tb terminn 4 tbe. Atlantic and Korth-Carolina RaUruad'.andr tbe wbarf at the terminus are located npon it. . Its im'por Unce, there fb re, in a commercial point of view, wrlK be p4 parent to all.' 'Six month credit will be given totbevoM chaser. -. Note with good security-required. .- . ; k - r.i."t -. JA BCMLEY, AgenUy. Beaufort, Oct. 18, 1857. - . . loA-wtd; UMVTY IfEGROES- WAWTED THE - SUB E, scriber wishes to pure bane fifty young negroes twins ooviner wisrKei, net ween ine area oragnt wiiminjj iir wbicb the: highest cash prion will be paid.. I willeia a) j tend to order from nor part of the 8tt: Jlj Fbtoffioe, I ia Saieiirb. K. C: ' .- ' - 'v ' 't - ' JJHNJKEECH.' - Sea. 1, 1857.: .'- i i,r..---ii r.t , ,.J l-wttii DR. l 3'; .. 15 I I i i i V V